ServiceTitan, Inc. — Director's Dealing 2024

Dec 18, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ServiceTitan, Inc. (TTAN)
CIK: 0001638826
Period of Report: 2024-12-13

Reporting Person: Kuzoyan Vahe (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-13	Class A Common Stock	D	7446002	—	Disposed	0	Direct
2024-12-13	Class A Common Stock	D	1700000	—	Disposed	0	Indirect
2024-12-13	Class A Common Stock	D	354924	—	Disposed	0	Indirect
2024-12-13	Class A Common Stock	D	371082	—	Disposed	0	Indirect
2024-12-13	Class A Common Stock	D	1	—	Disposed	0	Indirect
2024-12-13	Class A Common Stock	D	354924	—	Disposed	0	Indirect
2024-12-13	Class A Common Stock	D	371082	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-12-13	Class B Common Stock	$	A	7446002	Acquired		Class A Common Stock (7446002)	Direct
2024-12-13	Class B Common Stock	$	A	1700000	Acquired		Class A Common Stock (1700000)	Indirect
2024-12-13	Class B Common Stock	$	A	354924	Acquired		Class A Common Stock (354924)	Indirect
2024-12-13	Class B Common Stock	$	A	371082	Acquired		Class A Common Stock (371082)	Indirect
2024-12-13	Class B Common Stock	$	A	1	Acquired		Class A Common Stock (1)	Indirect
2024-12-13	Class B Common Stock	$	A	354924	Acquired		Class A Common Stock (354924)	Indirect
2024-12-13	Class B Common Stock	$	A	371082	Acquired		Class A Common Stock (371082)	Indirect
2024-12-13	Stock Option (Right to Buy)	$12.72	D	1022029	Disposed	2030-12-08	Class A Common Stock (1022029)	Direct
2024-12-13	Stock Option (Right to Buy)	$12.72	A	1022029	Acquired	2030-12-08	Class B Common Stock (1022029)	Direct
2024-12-13	Stock Option (Right to Buy)	$12.72	D	170338	Disposed	2030-12-08	Class A Common Stock (170338)	Direct
2024-12-13	Stock Option (Right to Buy)	$12.72	A	170338	Acquired	2030-12-08	Class B Common Stock (170338)	Direct

Footnotes

F1: Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.

F2: Following the reclassification of the Issuer's Common Stock into Class A Common Stock, all shares of the Reporting Person's Class A Common Stock were exchanged at a 1:1 ratio for shares of Class B Common Stock pursuant to an exchange agreement entered into with the Issuer, as previously approved by the Issuer's board of directors.

F3: Includes 3,337,937 restricted stock units ("RSUs"), which vest in accordance with the terms of the applicable award. Each RSU represents a contingent right to receive one share of Class B Common Stock.

F4: The Class B common stock is convertible into an equal number of shares of Class A common stock at any time, at the holder's election. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers, or upon the occurrence of certain specified events, in each case as set forth in the Issuer's Amended and Restated Certificate of Incorporation.

F5: In connection with the reclassification of the Issuer's Common Stock, the shares underlying the Reporting Person's equity awards were designated as shares of Class B Common Stock by the Issuer's board of directors.

F6: The shares underlying the option are fully vested and immediately exercisable.

F7: 25% of the shares underlying the option will vest and become exercisable on the first anniversary of the Issuer's initial public offering, and 1/48th of the shares underlying the option will vest and become exercisable on each monthly anniversary of the initial vesting date thereafter.